Top Stocks To Own Right Now

Huntington National Bank reduced its holdings in Facebook, Inc. (NASDAQ:FB) by 4.2% during the 2nd quarter, Holdings Channel reports. The fund owned 345,432 shares of the social networking company’s stock after selling 15,331 shares during the period. Facebook makes up about 1.1% of Huntington National Bank’s holdings, making the stock its 14th largest holding. Huntington National Bank’s holdings in Facebook were worth $67,124,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in FB. Trust Department MB Financial Bank N A acquired a new position in Facebook during the second quarter worth $134,000. Wagner Wealth Management LLC acquired a new position in Facebook during the fourth quarter worth $183,000. Northwest Wealth Management LLC acquired a new position in Facebook during the second quarter worth $194,000. GenWealth Group Inc. acquired a new position in Facebook during the second quarter worth $200,000. Finally, Banced Corp acquired a new position in Facebook during the second quarter worth $205,000. 60.43% of the stock is currently owned by institutional investors and hedge funds.

Top Stocks To Own Right Now: Navidea Biopharmaceuticals, Inc.(NAVB)

Advisors’ Opinion:

  • [By Money Morning Staff Reports]

    After looking at last week’s top performing penny stocks, we’ll show you a penny stock that’s on the verge of bringing you triple-digit returns…

    Penny Stock Current Share Price Last Week’s Gain
    Orchids Paper Products Co. (NYSE: TIS) $2.60 218.83%
    China Rapid Finance Ltd. (NYSE: XRF) $2.69 69.01%
    Cel-Sci Corp. (NYSE: CVM) $1.21 42.17%
    Regulus Therapeutics Inc. (Nasdaq: RGLS) $0.29 33.40%
    Farmmi Inc. (Nasdaq: FAMI) $3.82 30.51%
    Biolase Inc. (Nasdaq: BIOL) $1.85 29.93%
    Navidea Biopharmaceuticals Inc. (NYSE: NAVB) $0.18 26.99%
    Bellerophon Therapeutics Inc. (Nasdaq: BLPH) $0.92 25.56%
    Inpixon (Nasdaq: INPX) $0.14 24.36%
    JMU Ltd. (Nasdaq: JMU) $1.58 24.05%

    While some of those returns look spectacular, we’re not convinced these penny stocks will keep growing.

  • [By Money Morning Staff Reports]

    After looking at last week’s top performing penny stocks, we’ll show you a small-cap stock with real growth potential that just popped up on our radar…

    Penny Stock Current Share Price Last Week’s Gain
    New Age Beverage Corp. (NADAQ: NBEV) $3.94 286.79%
    India Globalization Capital Inc. (NYSE: IGC) $2.18 181.55%
    Ascent Capital Group Inc. (NASDAQ: ASCMA) $2.16 103.85%
    Netlist Inc. (NASDAQ: NLST) $0.73 80.56%
    Oragenics Inc. (NYSE: OGEN) $0.92 71.63%
    Astrotech Corp. (NASDAQ: ASTC) $3.44 68.37%
    Command Security Corp. (NYSE: MOC) $2.77 51.09%
    Oasmia Pharmaceuticals (NASDAQ: OASM) $3.57 50.66%
    NovaBay Pharmaceuticals Inc. (NYSE: NBY) $2.10 48.15%
    Navidea Biopharmaceuticals Inc. (NYSE: NAVB) $0.25 45.72%

    While the gains these stocks made are exciting, they also highlight the danger of investing in penny stocks.

Top Stocks To Own Right Now: Sonic Corp.(SONC)

Advisors’ Opinion:

  • [By Jim Crumly]

    As for individual stocks, Sonic Corporation (NASDAQ:SONC) just became the latest restaurant chain to be bought out, and FactSet Research Systems (NYSE:FDS) fell after reporting quarterly results.

  • [By Jeremy Bowman]

    Shares of Sonic Corporation (NASDAQ:SONC) jumped today on news that the drive-in fast-food chain would be acquired by Inspire Brands, the parent of chains including Arby’s, Buffalo Wild Wings, and Rusty Taco. Inspire said it would pay $43.50 a share for Sonic, or $1.57 billion, in a deal valued at $2.3 billion including Sonic’s debt. Shares of the burger slinger were up 18.4% to $43.35 as of 11:55 a.m. EDT on Tuesday.

  • [By Joseph Griffin]

    Swiss National Bank decreased its holdings in shares of Sonic Co. (NASDAQ:SONC) by 24.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,600 shares of the restaurant operator’s stock after selling 17,600 shares during the period. Swiss National Bank’s holdings in Sonic were worth $1,845,000 as of its most recent filing with the Securities and Exchange Commission.

  • [By Peter Graham]

    Small cap burger stock Sonic Corporation (NASDAQ: SONC) reported fiscal Q1 2018 earnings after the market closed Thursday that exceeded Wall Street expectations. Total revenues were $105.428 million versus $129.551 million as system same-store sales declined 1.7% – consisting of a 1.6% same-store sales decrease at franchise drive-ins and a 3.2% decrease at company drive-in. Net income totaled $11.4 million versus net income of $13.1 million. The CEO commented:

  • [By Nicholas Rossolillo]

    Shares of Sonic (NASDAQ:SONC) recently jumped 19% to a new all-time high on the announcement that the drive-in chain is being acquired by Inspire Brands. It’s been a great run for the throwback fast-food chain; shares were up 50% in the last year before the news broke. The sale will close out a profitable journey for owners of the stock, and now looks like a great time to exit for shareholders.

  • [By Leo Sun]

    Shares of Sonic (NASDAQ:SONC) tumbled 5% on June 27, after the fast-food chain posted mixed third-quarter numbers. Its revenue fell 5% year over year to $118.3 million, which missed expectations by $0.35 million and marked its eighth straight quarter of declining sales.

Top Stocks To Own Right Now: Wausau Paper Corp.(WPP)

Advisors’ Opinion:

  • [By ]

    Embattled WPP Group (WPP) CEO Martin Sorrell, no stranger to business news channels and fat annual compensation checks, has quit as CEO. Below is a statement from Sorrell obtained by TheStreet.

  • [By Joseph Griffin]

    Suntrust Banks Inc. bought a new position in Wpp Plc (NYSE:WPP) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,349 shares of the business services provider’s stock, valued at approximately $583,000.

  • [By Shane Hupp]

    WPP (NYSE:WPP) was downgraded by analysts at Pivotal Research from a “buy” rating to a “hold” rating in a note issued to investors on Monday, Marketbeat reports.

  • [By Lisa Levin] Gainers
    Bio-Path Holdings, Inc. (NASDAQ: BPTH) shares rose 29.5 percent to $2.15 in pre-market trading after reporting pre-clinical data demonstrating potential of Prexigebersen presented at the annual American Association for Cancer Research meeting in Chicago.
    Sientra, Inc. (NASDAQ: SIEN) rose 16.7 percent to $12.90 in pre-market trading following the announcement of FDA approval for PMA supplement.
    Aqua Metals, Inc. (NASDAQ: AQMS) rose 13.5 percent to $2.95 in pre-market trading after climbing 14.04 percent on Wednesday.
    Harmony Gold Mining Company Limited (NYSE: HMY) rose 5.6 percent to $2.09 in pre-market trading.
    Alcoa Corporation (NYSE: AA) shares rose 5 percent to $62.32 in pre-market trading after the company reported better-than-expected earnings for its first quarter and raised its FY18 adjusted EBITDA outlook.
    Gold Fields Limited (ADR) (NYSE: GFI) shares rose 4.9 percent to $4.11 in pre-market trading after gaining 1.03 percent on Wednesday.
    ABB Ltd (NYSE: ABB) shares rose 4.3 percent to $24.47 in pre-market trading after reporting Q1 results.
    WPP plc (NYSE: WPP) rose 4.2 percent to $82.99 in pre-market trading.
    American Express Company (NYSE: AXP) rose 4 percent to $98.95 in pre-market trading after the company reported stronger-than-expected profit for its first quarter.
    HSBC Holdings plc (NYSE: HSEA) rose 3.4 percent to $27.30 in pre-market trading.
    Shire plc (NASDAQ: SHPG) rose 3.4 percent to $167.95 in pre-market trading. Takada offered to buy Shire at £46.50 per share, Reuters reported.
    Vipshop Holdings Limited (NYSE: VIPS) rose 3.1 percent to $16.43 in pre-market trading.
    iRobot Corporation (NASDAQ: IRBT) shares rose 3 percent to $63.66 in the pre-market trading session.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Max Byerly]

    Millennium Management LLC bought a new stake in shares of Wpp Plc (NYSE:WPP) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 6,744 shares of the business services provider’s stock, valued at approximately $536,000.

  • [By Max Byerly]

    WPP (LON:WPP)‘s stock had its “buy” rating reaffirmed by equities researchers at Citigroup in a research note issued on Thursday.

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